FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Shares Shorted: Short Interest Down 58.9% in September

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 3,438 shares, a drop of 58.9% from the September 15th total of 8,366 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 187,294 shares, the short-interest ratio is presently 0.0 days.

FT Vest Investment Grade & Target Income ETF Stock Performance

LQTI traded down $0.02 during trading on Tuesday, hitting $18.02. The stock had a trading volume of 88,321 shares, compared to its average volume of 99,350. The company has a 50 day moving average price of $18.48 and a 200-day moving average price of $19.02. FT Vest Investment Grade & Target Income ETF has a one year low of $17.80 and a one year high of $22.17.

Institutional Investors Weigh In On FT Vest Investment Grade & Target Income ETF

A number of institutional investors have recently modified their holdings of LQTI. NewEdge Advisors LLC grew its position in shares of FT Vest Investment Grade & Target Income ETF by 0.4% during the 2nd quarter. NewEdge Advisors LLC now owns 170,330 shares of the company’s stock worth $3,289,000 after purchasing an additional 748 shares in the last quarter. Southern Financial Group LLC raised its position in shares of FT Vest Investment Grade & Target Income ETF by 3.6% in the first quarter. Southern Financial Group LLC now owns 37,684 shares of the company’s stock valued at $738,000 after buying an additional 1,304 shares in the last quarter. IFP Advisors Inc raised its position in shares of FT Vest Investment Grade & Target Income ETF by 1.3% in the second quarter. IFP Advisors Inc now owns 173,194 shares of the company’s stock valued at $3,344,000 after buying an additional 2,167 shares in the last quarter. Stenger Family Office LLC boosted its stake in shares of FT Vest Investment Grade & Target Income ETF by 20.0% in the first quarter. Stenger Family Office LLC now owns 25,502 shares of the company’s stock valued at $499,000 after buying an additional 4,256 shares during the period. Finally, Independent Wealth Network Inc. boosted its stake in shares of FT Vest Investment Grade & Target Income ETF by 4.3% in the first quarter. Independent Wealth Network Inc. now owns 115,504 shares of the company’s stock valued at $2,262,000 after buying an additional 4,714 shares during the period.

FT Vest Investment Grade & Target Income ETF Company Profile

The FT Vest Investment Grade & Target Income ETF (LQTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to provide current income and capital appreciation through a synthetic long exposure to the iShares iBoxx Investment Grade Corporate Bond ETF (LQD) and a partial covered call strategy. It seeks an annual rate of approximately 5% over LQDs current annual yield. LQTI was launched on Feb 12, 2025 and is issued by First Trust.